Forbes October 4, 2024
David Tal is the CEO of Verse.ai, a conversational AI texting platform that helps businesses engage, qualify, and convert leads.
Running a startup is no easy task—and running profitably involves difficult decisions, teamwork and discipline.
According to a report published by Harvard Law School, approximately 75% of venture-backed startups fail.
After running a venture-backed startup for over 10 years, one of the things that’s amazed me has been the power of being self-sustaining.
Venture capital has allowed us to do great things, like hire incredible talent and focus on innovative technology. Over time, we continuously invested in our technology, growing 50%-80% per year—sometimes even 100%.
For a growth-focused entrepreneur, it’s difficult to slim down on ambitions and focus on profitability.
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